The 6 key goals & objectives of tax planning for individuals are: Setting financial goals Minimise taxable income Grow your investments Planning for retirement Estate planning Managing Risks And the 6 for business are: Set business financial goals Maximising available reliefs and exemptions Cash flow management Capital Investment Planning Compliance and reporting Strategic business growth Have you ever thought of tax planning as anything more than a necessary-but-complicated administrative task? If the answer is “yes”, you’re certainly not alone. Many view it as a process that involves ..read more

In our beginners guide to tax planning, we’ll reveal common elements and benefits that will help everyone from business owners to expats manage their finances more effectively. The 5 key elements of tax planning are: Gaining an understanding of your tax brackets and rates Identifying deductions and credits Investment and retirement planning Estate and inheritance planning Tax laws and regulations The 5 key benefits of tax planning are: Reduced tax liability More stable wealth accumulation Better financial control Risk management Compliance and peace of mind With the right approach to tax ..read more

Welcome to our detailed guide on how to get a mortgage in Ireland for Expats. If you’re envisioning life in a quaint countryside cottage or a lively city apartment, this guide will clarify the mortgage process for you. We break down everything from various mortgage types and rates to the specific requirements for expats. Step by step, we’ll guide you through the process and share essential tips to avoid common mistakes. With the right support, your path to owning a house in Ireland can run more smoothly than you think. All it takes is the right knowledge, from the right sources. T ..read more

Are you considering a move to Ireland? If so, you’re not alone. With the 2022 Irish Census showing an increase in the number of US citizens living in Ireland, there’s definitely something about the Emerald Isle that’s attracting expats from all over the world. Whether it’s a job opportunity or the stunning natural beauty of the Wild Atlantic Way that’s inspiring your move, the logistics of relocating to a new country require some careful planning. From navigating common cross-border challenges to getting set up with the Irish social security system, there are several factors to consider while ..read more

In the midst of a cost-of-living crisis, the Irish government has unveiled its eagerly-anticipated budget package for the year 2024. Totaling approximately €6.4 billion, Budget 2024 isn’t just about managing daily expenses and finances; it’s about offering hope to those trying to make a life in Ireland work long-term.  Especially for expats starting a new chapter in a foreign country, this year’s allocation of government funds carries particular significance.  So, to help you get ahead of this year’s budget and start making plans for your future as an expat, our team is here with a ..read more

Relocating to a new country is an exciting adventure, but it also comes with its fair share of challenges and uncertainties. For expats making the move to Ireland, one often overlooked aspect is inheritance planning.  While it may not be the nicest topic to discuss before your move, proper inheritance planning is essential for avoiding unexpected surprises and ensuring compliance with local tax regulations.  By planning ahead, you can streamline your move to Ireland, reduce stress, and focus on what truly matters — establishing yourself in Ireland.  Understanding Inheritance P ..read more

On July 1, 2023, significant legislative changes came into effect in Ireland, specifically aimed at tightening tax regulations for private landlords residing outside the country.  This new legislation, known as the Non-Resident Landlord Withholding Tax (NLWT) system, directly impacts non-resident landlords, tenants, and collection agents managing rental income for properties located within the State. To help you navigate these new regulations and ensure compliance, our team is here to take a closer look at the details of the new NLWT system and evaluate its impact on non-resident landlo ..read more

If you’re a resident in Ireland for tax purposes but sometimes need to work abroad, understanding your tax obligations isn’t always a straightforward process. This is why seeking tax advice from a professional is usually recommended to ensure compliance for your individual case. However, compliance isn’t the only area of taxation in Ireland that’s important to understand if you work abroad. In certain circumstances, you may be entitled to relief on income tax that can save you money and help clarify your tax situation between the state of Ireland and the country you work in. One such relief is ..read more

Moving to a new country can be exciting, but it doesn’t come without challenges. Aside from the logistics of packing up and moving abroad, as an expat, it’s also important to consider the tax implications of your move. Without the right approach to tax obligations, this new chapter of your life can quickly be overshadowed by stress. But how can you ensure this doesn’t happen? Navigating the tax system of a new country may seem overwhelming, but with the right knowledge and guidance, you can ensure you meet your compliance obligations and avoid unnecessary risks. To start you off, we’re here wi ..read more

There’s no doubt that the COVID-19 pandemic has reshaped the global business landscape. Especially for Irish HR and finance managers, embracing new operational strategies is the only way to keep pace with international organisations. One noticeable shift in Ireland has been the surge in remote workers and digital nomads. With a demand for more flexible ways of working, companies are having to adapt to hybrid working models and craft global mobility strategies to attract and retain talent in the current market. However, while this newfound flexibility offers numerous advantages, it can also pre ..read more